US stocks close with no single signal, swings in focus but little momentum

New York stock markets did not have a single signal this Thursday (4). Investors monitored corporate earnings, but the overall picture was one of little momentum following strong gains in the previous trading session.

The Dow Jones Industrial Average closed down 0.26% to 32,726.82 points, the S&P 500 was down 0.08% to 4,151.94 points and the Nasdaq was up 0.41% to 12,720.58 points.

Among stocks in focus, Restaurant Brands International recorded a rise of 7.40%, after publishing a balance sheet. The Canadian company that controls Burger King’s operations had results that exceeded expectations in the second quarter.

Also after the balance, ConocoPhillips rose for part of the day, but ended down 1.58%.

In a day of losses for oil, Chevron retreated 2.72% and ExxonMobil, 4.21%, in the energy sector.

The picture was mixed between sectors this Thursday in New York, with the financial and health sectors also falling. Industrials, technology and communications services all showed gains, the latter two helping the Nasdaq rise.

Among key stocks, Amazon rose 2.19%, Microsoft rose 0.42%, Meta was up 1.05% – after launching its first corporate bond offering – and Alphabet gained 0.09%. Apple, however, retreated 0.19%. Among other shares, Boeing was down 0.08%, Caterpillar was up 0.42% and Netflix was up 1.40%.

Tesla, in turn, closed up 0.40%, amid expectations that the company’s shareholders give their endorsement to the split of a share in three of the electric car maker. For the entire current year, Tesla’s shares are down 12.38%, but in August alone they are up 3.86%.

Among the leaders of the Federal Reserve (Fed, the US central bank), there were renewed promises to fight inflation, but without changes in relation to the institution’s recent communication on Thursday.

Source: CNN Brasil

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